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Nationwide Sends New Alert to Men in 20s over Money Demands
- On Friday, Nationwide Building Society issued a warning about 'sextortion' scams targeting young men, with analysis of 50 cases showing 98% of victims are male.
- Criminals initiate contact through social media using fake identities, building trust before shifting conversations to less secure platforms and threatening to release private images unless victims pay money.
- A survey found 54% of students feel scams are harder to spot, while 22% report being scammed; victims range from 13 to 70, demonstrating the threat's broad reach.
- Jim Winters, Head of Economic Crime at Nationwide, warned that these cases exploit 'vulnerability, urgency, and shame,' with damage extending well beyond financial loss.
- Experts recommend pausing before sharing personal content and avoiding pressure to move conversations to other platforms; anyone targeted should confide in someone trusted or report to police immediately.
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28 Articles
28 Articles
Nationwide Building Society warning: Surge in 'life-ruining' scams targeting Britain's young men
Nationwide Building Society has issued a stark scam warning to Britain's young men as fraudsters continue to "exploit vulnerability" to steal cash.Young men in their twenties have emerged as the primary victims of sextortion fraud, according to an analysis of 50 cases conducted by the building society.The building society's review found that 47 per cent of those targeted fell within the 20-29 age bracket, while an overwhelming 98 per cent of ide…
·London, United Kingdom
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Plymouth Herald+2 Reposted by 2 other sources
Nationwide says 'stop and pause' in warning to people as young as 13
Experts have expalined 'the safest way to protect yourself'
·Plymouth, United Kingdom
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Coverage Details
Total News Sources28
Leaning Left2Leaning Right1Center19Last UpdatedBias Distribution86% Center
Bias Distribution
- 86% of the sources are Center
86% Center
C 86%
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